Updated: March 2026

Electric UtilityDeregulated Market

Versant Power

Commercial rate guide for Versant โ€” Northern and eastern Maine including Bangor, Presque Isle, Caribou, and rural Aroostook County communities. Formerly Emera Maine/Bangor Hydro Electric.

ME

Rate Overview

Avg Commercial Rate
$0.17per kWh
Service Type
Electric
Supply Choice
Available

Rate Structure

General service (GS) and large general service (LGS) rate schedules. Demand charges apply above 20 kW. Standard offer service for default supply. Two operating divisions: Bangor Hydro and Maine Public.

Recent Rate Changes

Rising

7.6% delivery rate increase effective January 2026 approved by ME PUC; separate

7.6% delivery rate increase effective January 2026 approved by ME PUC; separate rate adjustments for Bangor Hydro and Maine Public divisions

Common Billing Issues

Property managers with Versant accounts frequently encounter these billing challenges:

Two-division billing complexity (Bangor Hydro vs Maine Public rates)

Rural meter access challenges causing prolonged estimated billing

Standard offer pricing changes creating bill shock

Winter demand spikes from electric heating in northern Maine

Net metering credit timing for commercial solar installations

Deregulation & Supply Choice

Deregulated Market

Businesses can choose their energy supplier in this market.

โœ“Competitive supply choice is available

Maine has retail supply choice through competitive electricity providers. Delivery regulated by Versant Power under ME PUC oversight. Standard offer sets default supply pricing via competitive procurement.

Pending Rate Filings

๐Ÿ“‹

Distribution system reliability improvement plan under ME PUC review; AMI deployment cost recovery filing pending

Cities Served

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Other Utility Providers

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